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Tree Line has invested Rs 22.5 crore in equity raising its stake in the company with Reall putting Rs 49.5 crore in debt. Other existing investors have put in another Rs 5 crore between them, senior officials with Janaadhar said.
RBI must infuse funds directly into NBFCs: MundraWhile RBI allowed a one-time debt restructuring for micro, small and medium enterprises, a need to do more is felt by several quarters. “Despite being a part of the Basel Committee and G20, there are rooms for national discre… Read MoreMFs step up buying in select smallcaps, midcaps They have closely monitored data points in the pandemic and analysed management commentary on how companies have managed the Covid-19 crisis.
from Stocks-Markets-Economic Times https://ift.tt/3mrFnMI
… Read MoreWatch out! 11,562 level on Nifty could prove make or break point“A conclusive break above 11,562 is a must for the index to rise,” said Hormuz Mali, director, AFco Investments. “11,550 and above is a congestion zone for now.”
from Stocks-Markets-Economic Times https://ift.tt/3hEtCP7
… Read MoreStocks in the news: Lakshmi Vilas Bank, SpiceJet, Future Enterprises, IRB Infra and HexawareSpiceJet reported a net loss of Rs 600.5 crore for the first quarter ended June 30, owing to the suspension of flight operations due to the coronavirus-induced lockdown.
from Stocks-Markets-Economic Times https://ift.tt/2ZGf… Read MoreS&P 500 ends higher on growing hopes Fed will stay accommodativeThe Dow Jones Industrial Average rose 2.27 points, or 0.01%, to 27,995.6, the S&P 500 gained 17.66 points, or 0.52%, to 3,401.2 and the Nasdaq Composite added 133.67 points, or 1.21%, to 11,190.32.
from Stocks-Markets-Ec… Read More
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